Mike’s Life Insurance Advice

In my opinion, yes. I think children’s life insurance is super important because it does two important things:

It secures your child’s future and can give them a financial head start. If you insure your child while they’re still young, anything that happens to them after that point is covered.

If they come down with a terminal disease, if something unfortunate happens – no matter what, they are covered into their adulthood.

Child life insurance is mostly whole life insurance and this means that when the child turns 21, the policy is officially transferred to them. Again, it doesn’t matter if they’ve developed a condition that would exclude them from life insurance – since you got them a policy while still young, it carries over.

So all in all, I definitely hold fast with the idea of children’s life insurance so be sure to check it out if you have the chance. There are a lot of insurance companies that sell children’s whole life insurance policies if you just do a little research:)